Wall Street Journal | Oil Prices Pare Gains on Historic US Supply Glut Wall Street Journal Oil prices pared gains Wednesday after weekly government data showed domestic crude supplies added to their record high and outdid market expectations. Light, sweet crude for May delivery recently traded up 42 cents, or 0.9%, to $47.93 a barrel on the ... Oil gains on weaker dollar, though US storage build limits rise Brent oil rises as euro zone morale boost offsets oversupply concern Brent oil pares gains on record high US inventory |